This charming ranchette is located in the desirable South end of Atascadero and commands endless views of the esteemed Santa Margarita Ranch. This 3-bedroom single level home rests right in the middle of 4.97 beautiful, usable acres of land, and is perfect for the equestrian enthusiast or simply a peaceful retreat to call home. Perfectly oriented for both relaxation and future development pursuits, whether it be a pool, ADU, large shop or more the property is 100% useful and enticing to all your creative visions. This property has a fully fenced permitter and is cross fenced, featuring a spacious horse barn and paddocks, iron pipe fenced pasture and gated making it a turnkey operation for horse lovers or aspiring farmers. The fully renovated interior showcases modern finishes like vinyl plank floors, granite tops, LED lighting and an inviting open floor plan with wood burning stove and large windows for views of the ranch from sunrise to sunset. This efficient home also features 18 newly installed (2024) solar panels providing 7.2kW of power with a Tesla back up battery. The brand new 5-ton HVAC system guarantees immediate response to hot days or winter nights! But the true value of this home is in the eye of the beholder, with an amazing, picturesque setting for the hobby farmer including new chicken coop, numerous fruit trees and both front and rear patios to wind down in the shade after another glorious day on the Central Coast! This ranchette provides the perfect backdrop for a serene lifestyle and is located just a short drive to all the amenities, the Village of Santa Margarita and within 15 minutes to San Luis Obispo!